Competition, Development and Regional Integration: In Search of a Competition Law Fit for Developing Countries

Competition, Development and Regional Integration: In Search of a Competition Law Fit for Developing Countries

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Description

This chapter addresses the development dimension of competition policies in regional trade areas. In the context of regional collaboration, what character and design of competition law and policy will best enhance development? The question evokes a more generic one: In general, what competition law and policy will best enhance development? I approach these questions by looking first at the daunting economic challenges of developing countries, the fit of competition policy and law to help address the challenges, and the choices available to developing countries as they choose a competition law perspective. I then review the benefits and costs of the regional context. The chapter argues that developing countries must develop their own brand of competition law, resisting pressures to copy ‘international standards’ without regard to fit; and it makes suggestions as to how to find common ground on rules and standards that developing countries and regions can call their own.

Source Publication

Competition Policy and Regional Integration in Developing Countries

Source Editors/Authors

Josef Drexl, Mor Bakhoum, Eleanor M. Fox, Michal S. Gal, David J. Gerber

Publication Date

2012

Competition, Development and Regional Integration: In Search of a Competition Law Fit for Developing Countries

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